3min chapter

Odd Lots cover image

How Bill Gross Built a Bond Empire And Then Lost It All

Odd Lots

CHAPTER

What Drives Bill Gross and Pimco?

I hate when my entire role in a situation is simply conduiting some one's thoughts. I think it's instructive to look at bill's behaviour without the money management. He can get intrenched in these bilateral,. i don't know, i don't want to say wars, but, you know, in a dynamic, in a relationship where he can't seem to find graceful exit. And that seems very hard for a lot of people to grasp. The scale of the competition gets so mind boggling. When you start adding zeros and get 500 million one year, like yid, absolutely becomes ridiculous. But it's, those numbers are actually meaningless to them, you know

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